
A Deep Dive Into Earnings Quality with Columbia Professor Doron Nissim
Excess Returns
00:00
What Is the Sustainability View of Earnings Quality?
Sustainable means that the earnings that company report today, we can expect to see them again in the future. I-quality earnings are sustainable, free of error and manipulation, informative, accurately measure value creation or conservative. The primary reason that practitioners and academic emphasize the sustainability view of earnings quality is that it's most consistent with valuation.
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